Community Pool Spend Proposal for Animo Solutions
Status : PROPOSED
It is proposed that 433,900 CHEQ, representing €15,000 be spent from the cheqd Community Pool and sent to Animo Solutions for their successful demo with cheqd and continued support in Animo's future work with cheqd and cheqd resources.
CHEQ value: 433,900
Euro value: ~ €15,000
This section describes the resulting context, after applying the decision. All consequences should be listed here, not just the "positive" ones. A particular decision may have positive, negative, and neutral consequences, but all of them affect the community and project in the future.
Spending this sum from the Community Pool rewards innovation on cheqd and will hopefully incentivise other companies to accelerate their integration with cheqd into other SDKs, wallets and applications.
Being roughly half of the Community Pool, this is a large amount of tokens to donate for one organisation.
The work has yet to be fully completed. However, this gesture of good will from the cheqd community will help ensure that the work is completed to a good standard, and the same underlying foundations can be reused in other work and SDKs.